At the Money: Smart Spending vs. Not Spending

Spending Scolds will tell you that a sailboat, a sports car, even
a latte will be your financial ruin. Is this accurate? Focusing
on the cost without considering whether you can afford the items
and what memories they create is the wrong calculus. The ethos of
delayed gratification can lead to missed opportunities and
fear. 


Why does this happen, and what can we do to avoid these poor
outcomes? Carl Richards, author “The Behavior Gap: Simple Ways to
Stop Doing Dumb Things with Money” speaks with Barry Ritholtz
about how to spend smarter in a way that brings more joy into a
lives.


Each week, "At the Money" discusses an important topic in money
management. From portfolio construction to taxes and cutting down
on fees, join Barry Ritholtz to learn the best ways to put your
money to work.


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